Financial Statement Debate

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Department: HM Treasury
Wednesday 23rd March 2022

(2 years, 7 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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No, it is not remotely, actually. There has been good unity in the House on this topic. The hon. Gentleman claims that somehow we are behind other countries when it comes to sanctioning Russian banks; it is simply not true. This Government are taking a leading role in this. We are ahead of most of our peers. He does not know, but I know, because I am in the conversations with Finance Ministers about where else they are prepared to go. I am very confident that we have done a lot and have played a leading role internationally in bringing others along with us.

Stephen Farry Portrait Stephen Farry (North Down) (Alliance)
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We have heard the Chancellor try to excuse his failure to increase benefits in line with inflation. He has referred to the universal credit taper and the national living wage, which help those people on benefits who are in work. However, does he recognise that the majority of people on benefits in the UK are not in work, and there is nothing in this budget to help them?

Rishi Sunak Portrait Rishi Sunak
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I think the hon. Gentleman missed the household support fund announcement, which is specifically for local councils, so that they can help those who are most vulnerable. Many of those people who are not currently in work can, with the right support, care and attention, be supported into work. That is something that this Government are spending a lot on doing.